Real Estate Exam [National] 50, Fiduciary Duties OLD CAR Explained

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: - The distinction between lawful and unlawful obedience in agency relationships - Why the duty of loyalty requires placing client interests above personal commissions - How to handle material facts and latent defects regardless of as-is clauses - The unique nature of confidentiality and why it survives the closing of a deal - Critical differences between commingling and conversion of client funds For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep